1 answer

The following selected data for Dawson Inc. for 2017 was gathered by its accountants, who are responsible for preparing the financial statements:

Cost of good sold $56,500

Amortization Expense 14,000

Other operating expenses 17,700

Loss on sale of investments 1,500

Gain on sale of capital assets 8,500

Sales revenue 95,600

Interest revenue received 5,200

Dividend revenue received 2,500

Salary expense 27,200

Interest expense paid 5,900

Income tax expense 2,400

The cash balance on Jan. 1, 2017 has a balance of $15,000 and on Dec. 31, 2017, had a balance of $208,500

Other data gathered by the accountants for 2017:

Accounts receivable decreased $13,600

Inventory increased 6,800

Prepaid expenses decreased 2,700

Accounts payable increased 21,400

Salary payable increased 1,500

Accrued liabilities decreased 4,300

Income tax payable increased 800

Acquisition of capital assets 46,000

Issuance of common shares 80,000

Proceeds from sale of investments 35,000

Collection of loan principal 22,600

Payment of dividend 15,000

Proceeds of sale of capital assets 31,700

Proceeds from sale of repurchase of shares 45,000

**In good form prepare the statement of cash flow for the year ended December 31,2017 using the direct method.**

1 answer
#####
Ann owns an accounting practice (sole proprietorship). During 2020, Ann received payments of $200,000. The $200,000...

Ann owns an accounting practice (sole proprietorship). During 2020, Ann received payments of $200,000. The $200,000 consists of $30,000 payment for services rendered in 2019 but not paid by the client until 2020 $160,000 payment for services rendered and paid in 2020 $10,000 prepayment received in 2...

1 answer
#####
The following table contains prices and dividends for a stock. All prices are after the dividend...

The following table contains prices and dividends for a stock. All prices are after the dividend has been paid (ex-dividend). If you bought the stock on January 1 and sold it on December 31, what is your realized return? Hint: Make sure to round all intermediat...

1 answer
#####
Given the function f(x) = -2x? +12x - 5, describe the transformations compared to the parent...

Given the function f(x) = -2x? +12x - 5, describe the transformations compared to the parent function y = x2. A. f(x) is shifted 3 right, up 13 and then reflected over the x-axis. B. f(x) is shifted 3 left, down 13 and then reflected over the x-axis. C. f(x) is shifted 3 right, down 13 and then refl...

1 answer
#####
Steady State Behavior (Modern Physics)

an object of mass 0.2 kg is hung from a spring whose spring constant is 80 N/m. the body is subject to a resistive force given by -bv when v is its velocity(m/sec) and b = 4 N-m^-1 sec.a) set up the differential equation of motion for free oscillations of the system and find the period of such oscil...

1 answer
#####
A crossflow heat echanger cools liquid water from 190F to 110F using air at 1atm entering...

a crossflow heat echanger cools liquid water from 190F to 110F using air at 1atm entering at 90F and heating to 130F. the water rate is 1 gpm and the heat echanger area is 10 ft^2. estimate the overall heat transfer coefficient...

1 answer
#####
(Ratio analysis over time) The following information comes from the accounting records of Hercep Ltd. for...

(Ratio analysis over time) The following information comes from the accounting records of Hercep Ltd. for the first three years of its existence: 2018 2019 2020 Statement of Financial Position Assets $23,300 $19,700 50,000 Cash $27,100 Accounts receivable 67,200 144,500 Inventory 115,000 136,000 227...

1 answer
#####
How do you write a mixed number as a decimal such as 1/2 and the whole number 3

How do you write a mixed number as a decimal such as 1/2 and the whole number 3? Also 3/4 and the whole number 4. Also 1/5 and the whole number 7. Thank you who will may help me!:)...

1 answer
#####
5. (60 points) Find the Taylor series for the functions below. (You may express your answers using summation notation or by writing out enough terms to make the pattern clear. Either way, justify...

5. (60 points) Find the Taylor series for the functions below. (You may express your answers using summation notation or by writing out enough terms to make the pattern clear. Either way, justify your solution.) (b) z = x ln(x + 2). 5. (60 points) Find the Taylor series for the functions below. (Yo...

1 answer
#####
4. Suppose that G = (V, E) and H = (W, F) are two graphs. Define...

4. Suppose that G = (V, E) and H = (W, F) are two graphs. Define a new graph KG,h by: The vertex set of KG,H is VUW. xy is an edge of KG,H if and only if either: x,y € E, or x, y € F, or x € V and ye W. Prove that x(KG,H) = x(G) + x(H)....

1 answer
#####
Prediction The number of initial public offerings of stock issued in a 10-year period and the...

prediction The number of initial public offerings of stock issued in a 10-year period and the total proceeds of these forings in millions) are shown in the table Construct and interpreta of issuesis 597 The equation of the regression = 31 17 7017 Issues, 418 467 700 479 492 383 65 70 171 153 Proceed...

1 answer
#####
Question 4 - (20 Points) You are a broker and you think that the Google share...

Question 4 - (20 Points) You are a broker and you think that the Google share price will rise in the next three months. The current price of 1 Google share is $55. A 3-month European call options on Google shares with a strike price $58 are currently selling for $2.75. Each option contract is writte...

1 answer
#####
Can you solve this problem please? 8. Determine the appropriate form of the particular solution for...

can you solve this problem please? 8. Determine the appropriate form of the particular solution for the following non-homogeneous linear differential equation with constant coefficients. * (8 Points) +9y" = 5 + e* (x – 3) + 4sin (3x). y (4) A + B sin(3x) + Cxsin (3x) + Det + Exer none of t...

1 answer
#####
Question Part Points Submissions Used A jewel thief hides a diamond by placing it on the...

Question Part Points Submissions Used A jewel thief hides a diamond by placing it on the bottom of a public swimming pool. He places a circular raft on the surface of the water directly above and centered over the diamond, as shown in the figure below. If the surface of the water is calm and the poo...

1 answer
#####
Using C++ Design an application that will genrate 1000 ranom number in the range of 1...

Using C++ Design an application that will genrate 1000 ranom number in the range of 1 to 101, The application will go though 1000 numbers and will indicat how many of thse numbers are in the range of 90 to 101 and as well show those number...

1 answer
#####
A. When an operation's total fixed and variable costs... A. are greater than its revenue, the...

a. When an operation's total fixed and variable costs... A. are greater than its revenue, the breakeven point has been reached. B. are less than its revenue, the breakeven point has been reached. C. equal to its opportunity costs, the breakeven point has been reached. D. equal its r...

1 answer
#####
Verizon 5:26 PM 87% Done 6 of 6 K=1.6x10-4 N2(g) + 3H2(g) 2 NH3(g) a) calculate...

Verizon 5:26 PM 87% Done 6 of 6 K=1.6x10-4 N2(g) + 3H2(g) 2 NH3(g) a) calculate AG b) In the reaction vessel, the pressure of N2 is maintained at 10 bar, the pressure of H2 is maintained at 30 bar, and the produced ammonia is removed to maintain a partial pressure of ammonia at 3 bar. What is AG, fo...

1 answer
#####
How does food insecurity relate to and lead to health disparities in the U.S.? Do you...

How does food insecurity relate to and lead to health disparities in the U.S.? Do you feel the government food subsidy programs help to properly address the problem of health disparities or need to do more? Explain your answer......